FESCO, GEPCO, IESCO privatisation targeted for Q1 2027
Adviser Muhammad Ali said FESCO, GEPCO and IESCO will go first after investors sought more time, with bidding now aimed at early 2027 instead of December.
The government aims to privatise FESCO, GEPCO and IESCO in the first quarter of 2027, Privatisation Commission chair Muhammad Ali said.
Bidding was first planned for December; investors asked for more time and due diligence is already under way.
Hyderabad and Sukkur DISCOs are lined up for the second quarter of 2027; Lahore, Multan, Peshawar and Hazara for the second half.
Reform proposals on tariffs and a competitive supply market are to be shared publicly by mid-November.
Workers would get a protected period after sale; PSO, SSGC and SNGPL privatisation is also under review.